Sunday, August 19, 2012

Total Karma Recall: Fisker Pulls All Cars Due To Fire Risk | ZeroHedge
Last week we reported on the searing woes plaguing the Karma "supercar" of green automaker Fisker, following the most recent episode of automotive spontaneous self-immolation. In fact, things for the company that has so far received $529 million in federal subsidies are so bad that also last week Fisker announced its third CEO hire in the past year (when in a supremely ironic move it hired the former head of the Chevy Volt program Tony Posawatz). As of last night things just went from bad to even worse, following the inevitable next step: a total recall of all Karmas currently on the road. Oh well: nothing that burning, quite literally, severeal hundred more million in taxpayer funding won't solve.
Twitter / BigJoeBastardi: What is crazy is we are ...
What is crazy is we are subsidizing a green luxury car. Let the market decide will you. 4 years of AGW driven insanity. Can we recover?
Twitter / MichaelEMann: @EileenOttawa Only w/ dramatic ...
@EileenOttawa Only w/ dramatic action (i.e. keeping CO2 below 450ppm) is there reasonable confidence of not exceeding adaptive capacity.
Twitter / MichaelEMann: @Sustainable2050 I discuss ...
@Sustainable2050 I discuss at length in my book "The Hockey Stick & the Climate Wars". Without mitigation, adaptation alone likely futile.

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